Global Surgical Instruments Market Brief Analysis By Regions, Top Key Players ZEISS International, Leica Microsystem, Johnson & Johnson Services, Inc., Quantel Medical, Bausch Health Companies Inc., NIDEK CO., LTD., Novartis AG, Ellex Medical Lasers Ltd.

Global ophthalmic surgical instruments market is expected to register a healthy CAGR in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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From a global perspective, by analyzing historical data and future prospects, this report represents the overall size of the Global ophthalmic surgical instruments market. The focus of this report is on the volume and value of Global ophthalmic surgical instruments market at global, regional and business level. This report analyzes their production sites, capacity, production, ex-factory price, revenue and market share on the global market for each manufacturer covered.

This report provides customers with information about their business scenario that helps them stay ahead of the competition in today's fast-changing business environment. The Global ophthalmic surgical instruments market Report also provides a comprehensive survey of key market players based on an organization's various goals such as profiling, product outline, production quantity, required raw material, and the organization's financial health.

This report categorizes North America, Europe, China, Japan, Southeast Asia and India's production, apparent consumption, export and import of Global ophthalmic surgical instruments market. This report provides " Global ophthalmic surgical instruments market " in-depth study using SWOT analysis i.e. Strength, weakness, opportunities, and organizational threat.

Major Players: Global Ophthalmic Surgical Instruments Market

• ZEISS International,
• Leica Microsystem,
• Johnson & Johnson Services, Inc.,
• Quantel Medical,
• Bausch Health Companies Inc.,
• NIDEK CO., LTD.,
• Novartis AG,
• Ellex Medical Lasers Ltd.,
• Ziemer Ophthalmic Systems,
• HOYA Corporation,
• Lumenis, STAAR SURGICAL,
• IRIDEX Corporation,
• TOPCON CORPORATION,
• Takagi Ophthalmic Instruments Europe LTD.,
• ACB MOLTENO,
• Medical Technical Products,
• IVIS Technologies,
• Aurolab, Inami & Co., Ltd.
• amongst others.

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Market Segmentation:

By Product

(Cataract Surgery Devices, Glaucoma Surgery Devices, Refractive Surgery Devices, Vitreoretinal Surgery Devices, Ophthalmic Microscopes, Accessories),

By End-User

(Hospitals, Clinics, Ambulatory Surgical Centers, Others),

By Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Drivers: Global Ophthalmic Surgical Instruments Market

RISING PREVALANCE OF EYE DISEASES:

The eye health issues are huge in China, owing to the large ageing population. Cataract and refractive error are the major causes of vision-loss; due to the rising incidence of diabetes as the economy is growing and changes in lifestyles. China adopted a new 5 year national plan in 2016 for eye health. This plan was due to the long session with stakeholders and also sets a broad direction, in the existing development agenda and also in the World Health Assembly’s Global Action Plan for the Universal Eye Health.

INCREASING NUMBER OF DIABETIC PATIENTS:

Diabetes prevalence is increasing more rapidly in low and middle income countries. Diabetes is a main cause of kidney failure, blindness, heart attacks, lower limb amputation and stroke. Diabetic retinopathy is a vital cause of blindness which occurs due to the long term accumulated harm to the blood vessels in retina.

Restraint:

PRODUCT RECALLS OF VARIOUS COMPANIES:

Product recall is a process of retrieving the defective and unsafe goods from customers while offering those customers with compensation. Recalls usually occur due to the safety concerns over the manufacturing defects in a product which may cause harm to its user. In China ophthalmic surgical instruments market, various companies have recalled their products due to some defect and safety issues. For instance

Opportunity:

TECHNOLOGICAL DEVELOPMENT OF PRODUCTS:

It has been observed that the growth of china ophthalmic surgical instruments is expected in the medical sector due to diverse utilization of digitalization and latest technology. The most recent development includes femtosecond lasers for both cataract and refractive surgery, OCT, intraoperative wavefront aberrometers and state-of-the-art phaco machines.

MARKET GROWTH IN EMERGING COUNTRIES

Ophthalmic surgical instruments play a vital role during different types of eye surgeries. Various factors such as rising geriatric population over the globe, growing incidence of diabetes and eye diseases, increasing government initiatives for controlling the visual impairment and the technological developments are driving the market growth in emerging nations.

Challenge:

LACK OF TRAINED EYE SURGEONS:

Lack of trained surgeons regarding different eye surgeries can act as a challenging factor for China ophthalmic surgical instruments market. The number of ophthalmologists is less in both developed and developing countries, although the numbers are bit high for the developed countries.

Market Trends:

Global ophthalmic surgical instruments market is segmented based on products, application, end user and geography.

On the basis of products, the market is segmented into cataract surgery devices, glaucoma surgery devices, refractive surgery devices, vitreoretinal surgery devices, ophthalmic microscopes and ophthalmic surgical accessories. The cataract surgery devices segment is further sub-segmented into intraocular lenses, ophthalmic viscoelastic devices, phacoemulsification devices, cataract surgery instruments and kits, cataract surgery lasers and IOL injectors. Intraocular lenses segment is further sub-segmented into standard intraocular lenses and premium intraocular lenses. Ophthalmic viscoelastic devices segment is further sub-segmented into cohesive OVDS, dispersive OVDS and combinational OVDS. Glaucoma surgery devices segment is further sub segmented into glaucoma drainage devices, micro-invasive glaucoma surgery devices, glaucoma laser systems and glaucoma surgery instruments and kits. Refractive surgery devices segment is further sub-segmented into femtosecond lasers, excimer lasers, refractive surgery instruments and kits and other refractive surgery lasers.

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